Rangers and Celtic are not part of a proposal for a European Premier League which have been put forward by the likes of Manchester United and Liverpool.
Sky Sports claims FIFA are backing a new Euro super league which is also being propped up with a jaw-dropping £4.6bn financing package.
The move would reshape the landscape of domestic and European football and the report claims that more than a dozen teams from England, France, Germany, Italy and Spain are backing the move.
But the Daily Record claims Rangers and Celtic are not set to be a part of the set-up which could include up to 18 teams with a provisional start date as early as 2022.
The likes of Arsenal, Chelsea, Man City and Tottenham have also been approached with Wall St bank JP Morgan the ones reported to be providing the funding.
This tournament would then likely usurp the Champions League with the current format reportedly being planned to take place during current European fixtures.
However, plans for a European Super League have been branded “boring” by a UEFA spokesperson.
“The UEFA President has made it clear on many occasions that UEFA strongly opposes a Super League,” a spokesperson told Sky Sports.
“The principles of solidarity, of promotion, relegation and open leagues are non-negotiable.
“It is what makes European football work and the Champions League the best sports competition in the world.
“UEFA and the clubs are committed to build on such strength not to destroy it to create a super-league of 10, 12, even 24 clubs, which would inevitably become boring.”
Should any of these plans come to fruition football finance expert Kieran Maguire has also proposed an interesting idea if the rich clubs in England go down the “World Soccerball Route”.
Maguire believes a Premier League with Everton, Leeds, Newcastle, Villa, Wolves, Leicester, West Ham, Rangers and Celtic all chasing the title would be “pretty appetising”.
